September 18, 2009

The Oil Tax Sticky Wicket

Oil derricks dotting the landscape of western Kern County. Kern is home to 70% of all California oil production. (Photo: John Myers, KQED)
Few new tax proposals have dominated the recent political debate in Sacramento like calls for a new levy on each barrel of oil produced in California. Both sides say it's a no-brainer; not surprisingly, it's a little more complicated than that.
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